YES Bank jumps 6%; Rana Kapoor sells 2.3% stake in lender
The ownership of the promoter group in the lender has gone down to 15.7 per cent.
Fund raising via NCDs drops 67% in April-August
In terms of volume, there were 14 NCD issues in the first five months of 2019-20.
Piramal Enterprises to raise Rs 690 crore via NCDs
Shares of Piramal Enterprises settled at Rs 1,900.80 apiece on the BSE, down 0.10 per cent...
PGIM debt funds’ NAV falls up to 30%
PGIM, formerly DHFL Pramerica, said the NCDs of Reliance Broadcast are backed by pledged shares of Reliance Nippon Asset Management.
RInfra pledges 1.5 cr more shares in Reliance Power
The filing showed that the fresh pledge was done on September 9.
CARE downgrades Reliance Home Finance's long-term debt instruments to 'D'
CARE said the action is primarily due to delay in servicing of principal on one of the NCDs.
Satya MicroCapital raises Rs 28 crore through NCDs
This will be utilised by Satya MicroCapital for lending to Indian micro, small & medium enterprises (MSMEs).
Retail investors lapping up NCDs as bank deposits, market fail them
The just concluded Rs 500 crore NCD issue from Tata Capital had Rs 175 crore reserved for the retail but got 450 percent oversubscription at Rs 787 crore.
High yielding ‘AAA’ NCDs draw big inflows as banks cut rates
Inflows at Rs 3,000 crore, Tata Cap issue sees highest interest at Rs 2,235 crore.
Fund-raising through NCD issues dry up for NBFCs
NBFCs are failing to book the entire green-shoe option available while raising funds through debentures.
L&T plans to raise up to Rs 1,400 crore via NCDs
The company, however, did not elaborate on the reasons for raising funds.
DHFL defaults on Rs 1,571 crore bond payments
The company is estimated to be sitting on a debt-pile of over Rs 90,000 crore.
Risk cover gone; NBFCs need no redemption reserve for debentures
These cos had to create Debenture Redemption Reserve, which has now been done away with.
Stocks in the news: YES Bank, IIFL Securities, Axis Bank, NMDC and JSW Steel
Shares of IIFL Securities will get listed and admitted to dealings on BSE today in the 'T' Group category.
NSE to suspend trading in eight DHFL NCDs
The trading will be suspended from July 31, due to redemption of the same.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service